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2104 Mercedes C-Class: First exterior photos leak

Mercedes started to tease the 2014 C-Class last week, followed quickly by the first official interior photos of the new C-Class. Now we get the first leaked photo of the exterior. Looking very much like an evolution of the current C-Class – but with overtones of both the CLA and new S-Class – the new C-Class is going to have to be special to compete not only with the BMW 3 Series but also Mercedes own A-Class range.

Cadillac CTS-V priced to undercut M5, XFR

By Gareth Evans Motor Industry 21 January 2009 10:17 Cadillac’s new CTS-V supersaloon – claimed to be the be the most powerful Cadillac ever built – will undercut its European competition by several thousand pounds. Prices will start at £56,495, positioning the new Cadillac CTS-V just below the new Jaguar XF-R (£59,900) and comfortably undercutting German rivals such as the BMW M5 (£63,325) and Audi RS6 (a fulsome £74,550). Performance figures for the CTS-V make interesting reading, with 60mph being dispatched in 3.9 seconds and a top speed of 191mph for the manual car (175mph for the automatic).

Energy Department recovers $21 million from Fisker to pay back loans

The U.S. Department of Energy says it recovered $21 million in cash from struggling Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a U.S. program to spur advanced vehicle development.